BALANCE SHEET
December 31, 2005
LTL
No Item  Financial year  Financial year  
 A.    Fixed assets    431.048.484   396.512.054 
 I.    INTANGIBLE ASSETS    722.204   1.144.728 
 I.1    Software    722.204    1.144.728 
 II.    TANGIBLE ASSETS    430.203.905    395.367.326 
 II.1    Buildings   89.753.040    88.128.540 
 II.2    Facilities    78.936.231    77.467.800 
 II.3    Transmission devices    163.313.905    149.781.372  
 II.4    Machinery and equipment    33.294.589    29.557.809 
 II.5    Vehicles    3.863.864    4.348.721 
 II.6    Tools    7.3936    32.326  
 II.7    Production and economical inventory   1.869.627   227.913  
 II.8    Other tangible assets    136.452    144.302 
 II.9    Construction in progress    58.962.261    45.678.543  
 III.    FINANCIAL ASSETS   122.375    
 III.1    Other financial assets      
 B.    Current assets    61.868.853    26.264.198  
 I.    INVENTORIES, PREPAYMENTS AND CONTRACTS IN PROGRESS  4.548.884   9.527.241 
 I.1    Inventories   4.531.621    9.522.812 
 I.2    Prepayments    17.263    4.429  
 II.    AMOUNTS RECEIVABLE WITHIN ONE YEAR  53.458.333    14.234.841 
 II.1    Customer debts    13.202.891    13.965.606  
 II.2    Receivable subsidies    39.113.842    13.965.606  
 II.3    Other receivable amounts    1.141.600    269.235  
 III.    OTHER CURRENT ASSETS    762.718   1.144.077  
 III.1    Equities    762.718    1.144.077  
 III.2    Deposit accounts      
 III.3    Other current assets      
 IV.    MONEY AND MONEY EQUIVALENCES    3.098.918    1.358.039  
 IV.1    Money in bank    2.076.487    700.037  
 IV.2    Money in chest    9.727    6.291  
 IV.3    Money on the way    1.012.704   651.711  
 F.    Costs of coming period        

 ASSETS TOTAL    492.917.337    422.776.252  
 C.    Equity capital    324.939.590    325.071.487  
 I.    CAPITAL    323.016.800    322.213.500 
 I.1    Authorised capital (subscribed for)    323.016.800   322.213.500 
 I.2    Subscribed unpaid capital    
 II.    REVALUATION RESERVE (RESULTS)    
 III.    RESERVES    746.188    656.268 
 III.1    Obligatory    262.129    172.209 
 III.2    Other reserves    484.059    484.059  
 IV.    RETAINED PROFIT (LOSSES)   1.176.602    2.201.719  
 IV.1    Profit (losses) of accounting year   997.653    9.091.758  
 IV.2    Profit (losses) of previous year    178.949   -6.890.039  
 D.    Grants and subsidies    102.797.594    38.925.883  
 E.    Accounts payable and liabilities    65.180.153    58.778.882  
 I.    ACCOUNTS PAYABLE AFTER ONE YEAR AND LONG-TERM LIABILITIES  31.029.162    28.217.918  
 I.1    Financial debts   26.256.576    23.476.593  
 I.1.1    To credit institutions    26.256.576    23.476.593  
 I.1.2    Other accounts payable and long-term liabilities  4.772.586    4.741.325  
 II.    ACCOUNTS PAYABLE WITHIN ONE YEAR AND SHORT-TERM LIABILITIES 34.150.991    30.560.964  
 II.1    Current portion long-term debt   12.949.758   12.807.247  
 II.2    Financial debt      
 II.2.1    To credit institutions      
 II.2.2    Other      
 II.3    Debts to suppliers    15.904.266    15.680.813  
 II.4    Prepayments received    202.151    358.391  
 II.5    Liabilities of profits tax      464.293  
 II.6    Liabilities related to labour relations   1.546.938    748.262  
 II.7    Provisions      
 II.8    Other payable accounts and liabilities   3.547.878    501.958  
 II.9    Taxes        
 E.    Accurued coats       

EQUITY CAPITAL AND LIABILITIES TOTAL:  492.917.337    422.776.252  
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